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Showing 111 - 120 of 396 results for "FUA"

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... financial planning arm of People's Choice Credit Union, adding $1.1 billion at the time. Fiducian said it also acquired additional FUA of $70 million. "Management and the board remain positive for further growth of Fiducian in the future. Wars always ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... a decline; as of June 30 it reported $205.2 billion, a decrease of $15.1 billion (-6.9%) for the quarter. "The decline in FUA was driven by a market decline of $14.9 billion (-6.8%), combined with pension payments of $0.8 billion partly offset by net ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
... positions us well to improve our net flow profile in FY23," he said. Meanwhile, Perpetual Private's total funds under advice (FUA) was $17.4 billion, 7% lower than the $18.7 billion reported in March 2022. Although, Perpetual Private experienced ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of June 30. The FUA sum comprised of $49.7 billion (up 19.9% from the PCP) and portfolio, administration ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... annual net inflows of $3 billion, and $284 million for the quarter. It's annual net funds flow represents 28.8% of the starting FUA, an outstanding growth achievement," he said. "We are fully committed to our advisers and their clients. We will grow ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion for the June quarter. However, Netwealth said that although June had been a strong quarter, it ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

BT Panorama sees SMSF growth

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
... period also saw Insignia undertake a simplification strategy for its platform, the Evolve21 program migrated $22.1 billion of FUA and 93,000 client accounts to Insignia's proprietary, platform Evolve. Evolve now administers $42 billion of client funds ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... under administration for HUB24 grew to $68.3 billion, with $50 billion of that on the platform. It is significant platform FUA growth on the previous year, with $50 billion representing an increase of 128%. The platform had net inflows in the period ...